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117-119 5th Ave 3,511 SF Retail Building Pelham, NY 10803 $1,750,000 ($498.43/SF) 5.38% Cap Rate
EXECUTIVE SUMMARY
117 & 119 5th Ave, Village of Pelham, NY 10803
Lots: 83 & 84
Can be re-divided into the 2 original individual lots
Section: 163.36-1
Zoning: Business 2
Combined interior sq ft: 3,511 (1,755 x2)
Combined exterior sq ft: 3,800 (1,900 x2)
Frontage: 38'
Depth: 100'
Condition: Average, fully functional
Highest and best use as improved: Retail
Roof: Flat asphalt, no water penetration observed
Year built: 1922
Monthly combined rent potential: $10,000 ($5k x2)
Annual combined rent potential: $120,000 ($60k x2)
Annual real estate taxes: $25,883
Lots: 83 & 84
Can be re-divided into the 2 original individual lots
Section: 163.36-1
Zoning: Business 2
Combined interior sq ft: 3,511 (1,755 x2)
Combined exterior sq ft: 3,800 (1,900 x2)
Frontage: 38'
Depth: 100'
Condition: Average, fully functional
Highest and best use as improved: Retail
Roof: Flat asphalt, no water penetration observed
Year built: 1922
Monthly combined rent potential: $10,000 ($5k x2)
Annual combined rent potential: $120,000 ($60k x2)
Annual real estate taxes: $25,883
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,511 SF
Building Class
C
Year Built
1922
Price
$1,750,000
Price Per SF
$498.43
Cap Rate
5.38%
NOI
$94,117
Tenancy
Single
Building Height
1 Story
Building FAR
1.61
Lot Size
0.05 AC
Zoning
B2
Frontage
38’ on Fifth Ave
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4403-163-036-00001-000-0084 | Improvements Assessment | $308,000 |
| Land Assessment | $63,000 | Total Assessment | $371,000 |
PROPERTY TAXES
Parcel Number
4403-163-036-00001-000-0084
Land Assessment
$63,000
Improvements Assessment
$308,000
Total Assessment
$371,000
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Wise Hardware
117-119 5th Ave
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